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Financial Indicators Tool (FIT)

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Additional Financial Indicators Tool Information

CIC’s Financial Indicators Tool (FIT) is distinctive in two ways. First, it utilizes publicly available data from the U.S. Department of Education’s Integrated Postsecondary Education Data System (IPEDS), as well as IRS Form 990s obtained from GuideStar. The use of these public sources precludes the necessity of requiring each CIC member institution to submit six years of audited financial statements. Second, the FIT provides nationally normed comparisons similar to those in CIC’s Key Indicators Tool (KIT). CIC’s FIT is the first financial benchmarking tool to provide national comparisons for any group of American colleges and universities.

For questions about the FIT, contact CIC Director of Research Hal Hartley, at (202) 466-7230.



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